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65% of mortgages will be protected by government moratorium on foreclosures

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65% of mortgages will be protected by government moratorium on foreclosures

Government-sponsored mortgage lenders Freddie Mac and Fannie Mae announced a program to pause foreclosures in response to the coronavirus
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Total Mortgage Adds 11th and 12th Branches in Connecticut

MILFORD, CT / ACCESSWIRE / March 19, 2020 / Total Mortgage Services, a nation-wide mortgage lender, continues to expand in its home state with
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Cuomo further restricts workforce to 25% in offices, will waive some mortgage payments for 90 days

Cuomo also wants to waive mortgage payments and bank overdraft charges for the next 90 days if a person can demonstrate financial hardship.
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How Does Samsonite International's (HKG:1910) P/E Compare To Its Industry, After The Share …

Unfortunately for some shareholders, the Samsonite International … A high P/E implies that investors have high expectations of what a company can
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Commercial real estate pros to help COVID-19 relief efforts find space

A leading association for commercial real estate professionals said Thursday it is launching efforts to connect nonprofits and philanthropic
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Mortgage rates head up again, another blow to real estate market

But thereal estate industry was hoping that record low rates would bolster demand for houses at a time when buyers are increasingly concerned about
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Banks Pressure Health Care Firms to Raise Prices on Critical Drugs, Medical Supplies for …

In recent weeks, investment bankers have pressed health care companies on the front lines of fighting the novel coronavirus, including drug firms
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How Homeowners and Renters Are Getting Financial Help During the COVID-19 Crisis

Mortgage buyers Fannie Mae and Freddie Mac announced Wednesday … The action, ordered by Fannie and Freddie's federal regulator, is among
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Coronavirus Update: NYC Increasing Capacity To Test For COVID-19

Coronavirus Update: NYC Increasing Capacity To Test For COVID-19. Video Credit: CBS
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Freddie Mac to Offer Mortgage Forbearance for 12 Months

Both Freddie Mac and Fannie Mae also agree to suspend evictions and foreclosure sales for 60 days. In New York, Governor Andrew Cuomo waived
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Coronavirus begins to chill homebuyer interest, and Redfin pauses its instant offers

But other market trends that are typically correlated with real estate sales suggest contraction may be in the cards. Share prices have fallen so quickly
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Coronavirus (COVID-19) emergency lending

Existing lenders may be able to offer some support – including loan repayment holidays, interest rate reductions, temporary emergency loans (without
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MBA's Bob Broeksmit on what lenders need to know now to conduct business

HousingWire CEO Clayton Collins sat down with MBA President and CEO … The full interview can be found on the Housing News Podcast, but we
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Meal Kits Surge With COVID-19 Quarantines And Drive Residential Design Trends

Changing Cooking Appliance Trends … are increasingly leveraging shared spaces,” observes John Castle, a real estate agent in Ottawa, Ontario.
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